Experian Share Discussion Threads

[imperial3] 27/4/2009 09:02

Not helped the share price!

[hamnavoe] 27/4/2009 08:02

MIDAS: Experian is set for growth as banks wise up By Joanne Hart
Last updated at 10:00 PM on 25th April 2009
Comments (0) Add to My Stories Chancellor Alistair Darling would have us believe that the UK economy will start motoring again next year. Pessimists say the recession will last much longer, while optimists suggest that there are already tentative signs of recovery.
Whoever is right, one thing looks certain - banks will be a lot more careful in the future about who they lend money to and at what price.

This is good news for Experian, which collects and sells credit information to banks and other organisations around the world.

Good data: Don Robert is expected to unveil higher profits next month
Experian used to be part of catalogue retailer GUS, but it became an independent company in 2006 and is now a FTSE 100 business in its own right, valued at £4.5billion.
The group has four main divisions. The largest, credit services, collects data from banks and other companies, such as stores, that provide loans and credit. Experian then parcels up this information to provide an insight into consumers' and businesses' creditworthiness.

This division is closely linked to Experian's analytics business, which analyses the data and makes it more user-friendly, providing credit scores for example.
Individuals who are considered good credit risks receive high scores (up to 999) and those who are considered as bad credit risks or 'sub-prime' are given low scores (below 630).

Experian does not advise banks whether or not to lend to these customers, but its credit scores give an indication of how likely they are to repay their debts. Had banks paid more attention to these scores in the past, they may not have lent as recklessly as they did. They are now more likely than ever to take advantage of Experian's data.

Consumers are also far more tuned in to their own creditworthiness than ever before and the fastest-growing part of Experian's business is its interactive arm, which allows people to find out exactly how they are rated and why.
This division was set up just four years ago and already boasts 1.5million subscription-paying members in the UK and nine million in America.

Finally, Experian provides companies with information about consumers' habits and preferences. The companies use this to tailor information on products and services that they send out in mailshots, for example.

Experian reports annual figures for the year to March 31 next month and analysts expect pre-tax profits of about $810million (£556million), against $780million in 2008.

The company operates in more than 30 countries but it reports in dollars because about half its business is in the US.

Business in America and Europe has been tough over the past year as banks have reduced lending and so have bought less information from Experian.

But the company is cutting costs, doing well in places such as Brazil and winning customers outside banking - insurers, for example, are using its services to try to reduce fraudulent claims while governments use its information in the fight against benefits cheats.

Midas verdict: Brokers like this company and respect the management, led by chief executive Don Robert. Banks, companies and governments are becoming increasingly keen to manage their risks properly and Experian should help them do it.
British shareholders should also benefit from the fact that dividends are declared in dollars but paid in sterling so the weaker the pound is, the higher the dividend payment. There is even the possibility of a special dividend or share buyback after the results in May. Buy.

[stoxx67] 26/4/2009 08:40

tipped as a BUY in Mail On Sunday.

[imperial3] 24/4/2009 15:02

Bouncing back!!

[playboyofthewesternworld] 24/4/2009 09:26

Those were pretty good results, mkts will be happy with them and this is a new base going forward

[playboyofthewesternworld] 23/4/2009 11:14

lol Friday night is tomorrow.

In my case it's not my birthday for another couple weeks ;-)

[volsung] 23/4/2009 11:06

I'm getting ready for the next leg over

[playboyofthewesternworld] 23/4/2009 11:05

Getting set for the next leg up

[playboyofthewesternworld] 22/4/2009 12:24

Experian gets nod for setting up credit information bureau

Published: April 20,2009

New Delhi, Apr 20 Global information services company Experian today said it has been granted a provisional licence by the Reserve Bank to operate a credit information company, which will update the financial institutions on various aspects of borrowers, in the country.

The RBI&aposs decision to grant the company a credit bureau licence comes at a time when the government is moving towards opening up the financial services sector to international competition, the UK-based firm Experian said in a statement.

Against a backdrop of increasing consumer demand for access to credit, it said the government is also encouraging greater data sharing among financial companies to promote responsible lending and to expand financial inclusion.

The credit bureau will provide companies with access to critical data and analytics to make better informed consumer credit lending decisions in a country with over 1.2 billion people and where consumer lending is on a long term growth trend, it added.

Experian said the decision follows the company&aposs application through a proposed partnership with a number of the country’s leading public and private sector banks and non-banking financial institutions.

[playboyofthewesternworld] 22/4/2009 09:50

I can't see 380p being retested but it's obviously a possibility.

I think the more obvious uptrend will continue - which admittedly might have tested 420p but will probably not, given the good results statement.

[jonthebaptist] 18/4/2009 22:34

i am not a long term invester, i am a trader.... i am only interested what the charts are telling me.... afraid this aint looking good after the close below 455. 380 is my next target.... long term 2-3 years you may see 5-600...

[donutulike] 18/4/2009 19:13

see bigger picture + fundies

[jonthebaptist] 18/4/2009 17:26

dont u like...... think you will find resistance now at 455.
first support at 420 and then down to the 200 day moving av at 395...
if you cant see the double top, you must be blind. this is a majot trend revesal..... close your longs... this is going to tank

[donutulike] 17/4/2009 10:18

Just another case of buy on the rumour, sell on the fact.

The results are pretty good and that's what counts. The note of caution we always get with EXPN has ruled out a big jump up in the next few weeks so some traders are looking elsewhere.

[imperial3] 17/4/2009 09:22

donutulike.The market is giving this a disappointing response.What is your take on this?

[donutulike] 17/4/2009 08:43

sound as 6 pounds lol

[donutulike] 17/4/2009 08:43

bit behind the curve here, been busy, but results sound

[donutulike] 17/4/2009 08:42

Experian CFO Sees Some Good Growth Areas In Fincl Services Article

LONDON (Dow Jones)--Experian PLC (EXPN.LN) chief financial officer said Thursday there is some stability in the financial services sector but there's no change in trends yet.

CFO Paul Brooks added that the world's largest credit checking company is experiencing strong growth in some areas of the financial services business, mainly portfolio management and collection services.

Brooks said that strong growth in Experian's Interactive business will also continue for the rest of the year.

[donutulike] 17/4/2009 08:16

RNS Number : 6455Q
Experian plc
16 April 2009

?




Experian plc


Trading update, second half




Experian, the global information services company, today issues an update on
trading for the six months to 31 March 2009.
Commenting on the performance of Experian, Don Robert, Chief Executive Officer,
said:
"Experian delivered good growth in the second half, driven by strength in
emerging markets, good progress on countercyclical initiatives and strong
performances in non-financial verticals. At constant exchange rates, total
revenue growth for the half was 5%, with organic revenue growth of 4%. For the
full year, we will achieve our objectives of broadly maintaining margins,
growing profits and generating strong cash flow, while delivering a good
earnings outcome.
"As we move into our new financial year, we see some signs of stabilisation in
the financial services sector which we hope will translate eventually into
improved consumer lending activity. For now, the environment remains fragile,
and we continue to be cautious about the immediate outlook for organic revenue
growth, which may soften in the first quarter. Our focus remains on harvesting
growth opportunities, driving cost efficiencies and delivering strong cash
flow."


Experian plc


% change in revenue year-on-year for the six months to 31 March 2009
+-----------------------+--------------------------+----------------+-----------------+
| Continuing activities | Total | Total growth |Organic growth |
| only1 | growth | % | % |
| | % | | |
+-----------------------+--------------------------+----------------+-----------------+
| | At actual | At constant | At constant |
| | exchange |exchange rates | exchange rates |
| | rates2 | | |
+-----------------------+--------------------------+----------------+-----------------+
| North America | 1 | 1 | 0 |
+-----------------------+--------------------------+----------------+-----------------+
| Latin America | (10) | 17 | 17 |
+-----------------------+--------------------------+----------------+-----------------+
| UK and Ireland | (23) | 5 | 5 |
+-----------------------+--------------------------+----------------+-----------------+
| EMEA/Asia Pacific | 2 | 17 | 5 |
+-----------------------+--------------------------+----------------+-----------------+
| Experian | (6) | 5 | 4 |
+-----------------------+--------------------------+----------------+-----------------+
1 Continuing activities exclude the contributions of the transaction processing
activities in France, UK account processing, Loyalty Solutions and other smaller
discontinuing activities
2 Experian is reporting in US dollars

In the six months to 31 March 2009, revenue from continuing activities at
Experian increased by 5% at constant exchange rates. Group organic revenue
growth was 4% year-on-year (Q3 +5%, Q4 +3%). By principal activity, organic
revenue was up 2% at Credit Services, up 3% at Decision Analytics, flat at
Marketing Services and up 10% at Interactive. Acquisitions contributed 1% to
revenue growth.


Acquisitions and disposals
During the half, Experian disposed of its transaction processing activities in
France and made two acquisitions, KreditInform and SearchAmerica.


North America
Revenue in North America increased by 1% in total. Organic revenue was flat. The
acquisition of SearchAmerica (in December 2008) contributed the difference.
Organic revenue at Credit Services was down 5%. Mortgage volumes were weak
during the half, despite sporadic surges in refinance activity; prospecting
volumes remained low, and there was some softness in business information
revenue. These declines were partially offset by good growth in account
management and collections. At Decision Analytics, organic revenue growth was
2%, reflecting good progress in countercyclical products. Organic revenue at
Marketing Services declined by 6%. Conditions for traditional marketing
activities became increasingly challenging during the period, while new media
continued to perform well. Organic revenue growth at Interactive was 7%.
Consumer Direct performed well, while challenges persisted in the lead
generation activities.
The global financial crisis has impacted lenders, causing their needs to shift.
In view of this, Experian has decided to discontinue efforts to launch a bureau
in Canada, since the attractiveness of the opportunity has reduced. Experian
will instead target resources at those markets and opportunities where returns
will be highest. Experian will continue to invest and develop its Decision
Analytics business in Canada.

Latin America
Revenue for Latin America increased by 17% at constant exchange rates. Organic
revenue growth was 17%.
Organic revenue at Credit Services rose by 16%. Both business information and
consumer information performed well during the half, assisted by strong demand
for premium products. While lending conditions in Brazil have clearly tightened,
revenue has continued to grow well and there was an increased contribution from
countercyclical activities in the half. Decision Analytics and Marketing
Services performed well, with organic revenue growth of 37% and 25%
respectively.


UK and Ireland
Revenue in UK and Ireland from continuing activities increased by 5% at constant
exchange rates. Organic revenue growth was 5%.
At Credit Services, organic revenue was flat, with growth in non-financial
verticals such as utilities, public sector and insurance offsetting dislocation
within the financial services industry. Organic revenue at Decision Analytics
increased by 5%, helped by a number of large deliveries in the period. At
Marketing Services, organic revenue was flat, with good performances in new
media offsetting weak market conditions for more traditional activities.
Interactive grew strongly, with organic revenue growth of 48%, reflecting
increased subscriptions.


EMEA/Asia Pacific

At constant exchange rates, revenue in EMEA/Asia Pacific increased by 17%.
Organic revenue growth was 5%, with acquisitions, mainly KreditInform in South
Africa (acquired in December 2008) and Sinotrust in China (uplift in stake to
majority control in March 2008), contributing the balance.
Organic revenue growth at Credit Services was 4%, with solid progress across the
region. Organic revenue at Decision Analytics declined by 1%, reflecting a
strong prior year comparative. Marketing Services delivered excellent organic
revenue growth, up 14%, reflecting strong performances from email services,
contact data management and internet marketing intelligence.


Future announcements
Experian will issue its full year results announcement on 20 May 2009.

[donutulike] 17/4/2009 08:16

Jon - you're charting this all wrong. Resistance @ circa 440p has reversed into support. Results will confirm that new opportunities are bearing fruit and that UK/USA outlook is improving, too.

I expect some meandering until we get the TU.

[donutulike] 16/4/2009 19:00

You'll get caught

[jonthebaptist] 16/4/2009 18:52

double top now confirmed. closed below the neck line of 455 on v good vol.
expect next move to 420 then this opens up 380..... stay short.
expect down grades to this after the trading statment.

[imperial3] 15/4/2009 23:50

In spite of the ups and downs,this is a quality company,and merits a long term hold,imho.